Clearlake Capital Group L.P.-backed Janus International Group LLC has agreed to merge with Juniper Industrial Holdings Inc. through Janus’ parent company Janus Midco LLC. The deal sees Janus become a publicly-listed company on the New York Stock Exchange.
Janus provides industrial building products, self-storage and access control technology. “We are enthusiastic about Janus’s future prospects and believe the company will be able to accelerate its compelling growth plans as a public company,” says Janus chairman and Clearlake managing partner Jose Feliciano. “Janus has an unparalleled position in the products and technologies it offers to the self-storage and industrial sectors, which are experiencing significant tailwinds.” Investment firm Clearlake focuses on growing companies in the industrials, technology, and consumer sectors. Juniper is a public company focusing on merging with businesses in the industrials sector.
Morgan Stanley & Co. LLC is acting as financial advisor to Janus. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. Moelis & Company LLC is acting as financial advisor to Juniper.